We have the known population standard deviation so we will use standard normal distribution
The (1 - ) confidence interval for population mean with known population SD is
MOE (margin of error) = Critical value * Standard error
= *
Where can be found using normal distribution tables or excel function 'normsinv'
Confidence levels | (a) 90% | (b) 95% | (c) 99% |
0.10 | 0.05 | 0.01 | |
/2 | 0.05 | 0.025 | 0.005 |
Critical value | 1.6449 | 1.96 | 2.5758 |
Margin of error (the margin of error increases with increase in ) |
0.00692 | 0.00825 | 0.01084 |
Lower limit | 138.4931 | 138.4918 | 138.4892 |
Upper limit | 138.5069 | 138.5082 | 138.5108 |
Width (length) (Width is increasing) |
0.01385 | 0.01650 | 0.02169 |
(d) As the confidence level increases the margin of error increase (option 3)
This is because increasing the level allows for more accuracy and makes it stricter. Thus it incorporates more values so that the possibility of the true population mean lying in the interval is increased.
(e) As the confidence level increases the confidence level length increase (option 2)
This is because increasing the level allows for more accuracy and makes it stricter. Thus it incorporates more values so that the possibility of the true population mean lying in the interval is increased.
t-dist
df = n - 1 = 22 - 1
df = 21
The = 1 - 0.95 = 0.05
(using t-dist tables)
Thirty small communities in Connecticut (population near 10,000 each) gave an average of 138.5 reported cases...
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Thirty-three small communities in Connecticut (population near 10,000 each) gave an average of x = 138.5 reported cases of larceny per year. Assume that σ is known to be 40.5 cases per year. (a) Find a 90% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.) lower limit upper limit margin of error (b) Find a 95% confidence interval for the...
Thirty-two small communities in Connecticut (population near 10,000 each) gave an average of x = 138.5 reported cases of larceny per year. Assume that σ is known to be 40.5 cases per year. (a) Find a 90% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.) lower limit upper limit margin of error (b) Find a 95% confidence interval for the...
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Thirty-one small communities in Connecticut (population near 10,000 each) gave an average of x = 138.5 reported cases of larceny per year. Assume that σ is known to be 43.5cases per year. (a) Find a 90% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.) (b) Find a 95% confidence interval for the population mean annual number of reported larceny cases...
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14. Thirty small communities in Connecticut reported an average of 138.5 cases of larceny per year. If the population standard deviation is known to be 42.6 cases per year, find a 95% confidence interval for the population mean annual number of reported larceny cases in such communities.
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